Usell.com intends to price public offering of 35 million common shares

Company raises funds for marketing, improving its platform technology

By Devika Patel

Knoxville, Tenn., Sept. 21 - Usell.com Inc. will price a public offering of common stock, according to an S-1 filing made Friday with the Securities and Exchange Commission.

The company will sell 35 million common shares at a price to be determined.

Proceeds will be used for marketing, improving the company's platform technology, working capital and general corporate purposes.

Based in Deerfield Beach, Fla., the company operates a website where consumers can sell used electronics.

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